备考CFA二级考试跟着小编看看二级考试题吧！一级通过了考试就要备考二级，二级考试题型和一级是不一样的，跟着小编先看看CFA二级考试题型哦！

Stux (1994) describes a country allocation strategy across five major equity markets: the United States, the United Kingdom, Germany, France, and Japan. In this strategy, a measure of relative attractiveness among the five equity markets is used as a factor in determining the weights of the five equity markets in the overall portfolio. The investment in each country, however, whatever the country’s weight, is an indexed investment in the equity market of that country. The weights of the five equity markets in the overall portfolio generally are expected to differ from benchmark weights (the weights of the countries in an appropriate benchmark for the international equity market), within limits.

问题1：Characterize the two components (portfolio weights and within-country investments) of the country allocation strategy using the text’s framework for classifying investment strategies.

问题2：Characterize the country allocation strategy overall.

答案1：The country allocation strategy as described mixes elements of active and passive investment approaches. The portfolio weights are actively determined and differ from benchmark weights, within limits. However, the investments in individual countries are passive, indexed investments.

解析：在单独国家内的投资是被动投资，即指数投资。在不同国家股权投资的权重依于不同国家股权市场的吸引力而定的，和基准的权重不同，因此是主动管理的。

答案2：Overall, we can classify the country allocation strategy as a semiactive or controlled-active investment approach.

解析：总体来说，该资产配置的策略是半主动型的投资方式。

这是CFA二级考试Portflio Mangement知识的考题，那你是不是需要CFA考试题呢？这边有CFA考试题库，有需要可以在线咨询我们老师，我们老师为你解答相关的课程问题！